Covestro to demonstrate corrosion expertise and support of STEM education at CORROSION 2016

Hands-on event for local high school students sponsored by Covestro

Pittsburgh, March 2, 2016 — For decades, Covestro has been a leader in offering raw materials and services for corrosion protection coatings. At CORROSION 2016 presented by the National Association of Corrosion Engineers (NACE), Covestro will share its expertise in corrosion technology and promote careers in corrosion.

Ahren Olson, market manager, Corrosion Protection, Coatings, Adhesives & Specialties, Covestro LLC and Mark Hudson, project development manager, Bridge & Highway, Sherwin-Williams, will present “Two-coat polyaspartic urethane coatings protect Virginia steel bridge structures for over a decade” at 2:30 p.m. on Monday, March 7 in Vancouver, British Columbia, Canada as part of the NACE Transportation Forum. They will discuss the results of a study using two-coat polyaspartic coatings for field repainting of more than 100 steel bridges in Virginia.

The study compares the field performance of polyaspartic urethane two-coat systems and moisture-cure urethane three-coat systems on steel bridges in western Virginia after 10 years of service. The research showed that polyaspartic urethane two-coat coating systems offered corrosion protection equivalent to conventional three-coat systems. With performance being equal, polyaspartic urethane two-coat systems provide significant value to bridge owners with cost reduction in painting operations, accelerated painting schedules and milder traffic congestion. Polyaspartic urethane two-coat systems also exhibit excellent edge protection in areas where corrosion is likely to start. Findings have shown that the application of polyaspartic urethane two-coat systems can save Departments of Transportation up to 20 percent on field repainting costs.

At CORROSION 2016, Covestro is also demonstrating its long-standing commitment to STEM (Science, Technology, Engineering and Math) education. The company is sponsoring a day-long mini-camp, hosted by the NACE Foundation, for local high school students. On Wednesday, March 9, students will participate in hands-on corrosion-related activities, learn about the basic scientific principles of corrosion and have the opportunity to discover career opportunities in this field.

About Covestro LLC:

Covestro LLC is one of the leading producers of high-performance polymers in North America and is part of the global Covestro business with 2015 sales of EUR 12.1 billion. Covestro manufactures high-tech polymer materials and develops innovative solutions for products used in many areas of daily life. The main segments served are the automotive, electrical and electronics, construction, medical and sports and leisure industries. The Covestro group has 30 production sites around the globe and employed approximately 15,800 people at the end of 2015.

This news release may contain forward-looking statements based on current assumptions and forecasts made by Covestro AG or subgroup management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Covestro’s and Bayer’s public reports which are available on the Covestro website at www.covestro.com as well as on the Bayer website at www.bayer.com. Covestro and Bayer assume no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.

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